Tuesday, September 27, 2005

India is China's economic equal? Bah!

India is China's economic equal? Bah!

                  CHINA versus INDIA

ECONOMY/SCALE

Units

Year

China

India

China to India ratio

Population

Million

2003

1288

1064

1.2

GDP (PPP)

$ billion

2003

6090

2908

2.1

Per capita GDP growth

%

1980-2004

8.2

3.7

2.2

Share of manufacturing in GDP

%

2003

39

16

2.4

Living standards

 

 

 

 

 

Per capita GNP (PPP)

$

2003

4980

2880

1.7

Life expectancy

Years

2002

71

63

1.1

Female adult literacy rate

%

2003

87

45

1.9

Under 5 mortality

Per 1000

2003

37

87

0.4

Under 5 malnutrition

%

1995-2003

12.1

45.8

0.3

Poverty ratio (% below $1 a day)

 

2001 & 2000

16.6

34.7

0.5

INFRASTRUCTURE

 

 

 

 

 

Electricity production

Billion kwh

2002

1640.5

596.5

2.7

Goods hauled (Railways)

Ton-km billions

2002

1508.7

333.2

4.5

Container traffic (ports)

Millions

2003

61.62

3.9

15.7

Air freight

Ton-km millions

2003

5650.6

580.0

9.7

Telephones (land + Mobile)

Per 1000

2003

424

71

6.0

EXTERNAL SECTOR

 

 

 

 

 

Merchandise exports

$ billion

2004

593.4

80.8

7.3

Service exports

$ billion

2004

62.4

51.3

1.2

FDI inflow

$ billion

2004

60.6

5.5

11.0

Tourist arrivals

Millions

2003

33.0

2.4

13.8

Forex reserves

$ billion

2004

614.5

135.2

4.5

Sources: World
Development Indicators (2005); Institute of International Finance, RBI
and CSO. 2004 data for India refer to the fiscal year 2004-05.

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